16 February 2016 (00:12 UTC-07 Tango 01)/27 Bahman 1394/07 Jumada al-Ula 1437/09 Geng Yin 4714

For the first time in this 21st Century ‘western’ central banks are taking the interest rate they charge to the Too Big to Jail commercial banks into negative territory, basically paying the Too Big to Jails to take on more cash loans!

It’s been known for years that the U.S. Federal Reserve has already been giving some banks effectively negative rates through special deals, but this time the negative rates are officially being discussed in public by central bank leaders: “In light of the experience of European countries and others that have gone to negative rates, we’re taking a look at them again, because we would want to be prepared in the event that we would need to add accommodation….We wouldn’t take those off the table.”-Janet Yellen, U.S. Federal Reserve

As of today five ‘western’ central banks have dropped their interest rates into negative territory:  European Central Bank, Nationalbank of Denmark, Sveriges Riksbank of Sweden, Swiss National Bank of Switzerland and Bank of Japan: “The Bank of Japan on Tuesday introduced the nation’s first-ever negative interest rate …at a time when the Japanese economy is facing a downturn and conditions for the global economy remain far from certain.”– Japan Times

The U.S. Federal Reserve Bank is on the verge of going negative after a year of warning that it was about to raise the rates.  Now there are reports that the Bank of Israel might also go negative.

For the past year Israel has been fighting whats being officially called ‘negative inflation’ (traditionally called deflation).

For a quick history lesson; the U.S. Great Depression in the 1930s was caused by deflation, meaning prices came down but only because the majority of people didn’t have any money to spend (especially after the banks crashed, between 1929 & 1933 eleven thousand U.S. banks ceased to exist!).

“Across the countries we consider, Israel is the only one that we currently expect to join the ‘negative rates club’ over the course of 2016, as we expect the Bank of Israel to lower its policy rate from 0.1 percent to minus-0.1% over the next three months or so.”-unnamed Citibank analyst

There are concerns that a negative interest rate might actually destroy Israel’s banks.  Don’t forget, in 2014 Barack Obama nominated a former Bank of Israel administrator, Stanley Fischer, to be vice chairman of the Federal Reserve.

Apparently the Bank of New York imposed a limited negative interest rate several years ago, on some high dollar accounts, in an attempt to force the depositors to remove their cash from the bank. But the Bank of New York is not the central bank of the United States.

“Take thou no usury of him, or increase: but fear thy God; that thy brother may live with thee.”-King James Bible, Leviticus 25:36

“Those who eat Riba (usury) will not stand (on the Day of Resurrection) except like the standing of a person beaten by Shaitan (Satan) leading him to insanity. That is because they say: “Trading is only like Riba (usury),” whereas Allah has permitted trading and forbidden Riba (usury). So whosoever receives an admonition from his Lord and stops eating Riba (usury) shall not be punished for the past; his case is for Allah (to judge); but whoever returns [to Riba (usury)], such are the dwellers of the Fire – they will abide therein.”-Mohsin Khan Quran, sūrat l-baqarah (The Cow) 2:275

 

20You shall not give interest to your brother, [whether it be] interest on money, interest on food or interest on any [other] item for which interest is [normally] taken.		כלֹא תַשִּׁיךְ לְאָחִיךָ נֶשֶׁךְ כֶּסֶף נֶשֶׁךְ אֹכֶל נֶשֶׁךְ כָּל דָּבָר אֲשֶׁר יִשָּׁךְ:
21You may [however,] give interest to a gentile, but to your brother you shall not give interest, in order that the Lord, your God, shall bless you in every one of your endeavors on the land to which you are coming to possess.		כאלַנָּכְרִי תַשִּׁיךְ וּלְאָחִיךָ לֹא תַשִּׁיךְ לְמַעַן יְבָרֶכְךָ יְהֹוָה אֱלֹהֶיךָ בְּכֹל מִשְׁלַח יָדֶךָ עַל הָאָרֶץ אֲשֶׁר אַתָּה בָא שָׁמָּה לְרִשְׁתָּהּ:

-Rashi Tanakh, Deuteronomy 23:20-21

China blames U.S. & the ‘west’ for crashing global economy!

 Federal Reserve admits their efforts to save the economy makes the rich richer, and everyone else poor! 

“…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, ‘A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!’”-New American Standard Bible, Revelation 6:5-6

Brazil says the U.S. Elites are cannibalizing their own people